The miracle is coming true, it's holding up nicely vs Tap down 6%.
The fall in oil has been caused by speculators and hedge funds having to capitulate after the oil price refused to go to the anticipated levels, forcing them to close out their long positions en mass.
I should have sat on the sidelines like you. On reflection I reckon my buy point should have been when it comes back through $1.47 or so which it should as it is obviously uncoupled from the price of oil.
Interesting times ahead, early success will re-rate the Canning, be the oil story of the decade and send the SP ballistic. Alcoa have bet $40 million on it and as Ms Brocovitch will no doubt find out, they are not renowned for parting with it easily.
hey sp ol down over 3 bucks a barrel, page-2
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Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $44.26M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.8¢ | 14.5¢ | $14.50K | 99.82K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1828966 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 3419686 | 23 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |